Teenager becomes first person arrested under new anti-gossip law

A 16-year-old pupil at a school in west China has become the first person arrested under the country’s draconian new anti-gossip law.

Last week, China’s Supreme Court warned that anyone spreading a rumour on the internet faces three years in prison if more than 5,000 people see it, or if it gets reposted more than

World Economic Collapse Explained in 3 Minutes

Do market conditions in the world justify the present stock market? I think not. It is just more betting on an expanding bubble like it will not burst on their bet. The EU nations are in the longest recession in their history and there is no end in sight. Japan is in recession and

Chinese scientists create a new flu viruses that nobody wants

Was created a flu virus with mortality and transmission extremely high. Obtained from experiments in mice, results from the combination of the avian influenza virus H5N1 and swine H1N1. A laboratory in Harbin, north-west China, “live” now a virus that, hopefully, will never get out of there: combines the strength of the lethal H5N1 avian

China Fears End of the World is Nigh

China is taking the date of December 21 – the day the world is due to end – seriously, with panic buying of candles sweeping through counties. Malcolm Moore reports.

China’s most famous book of prophecies, the 7th century Tui Bei Tu, makes no direct mention of the end of the world.

But in Sichuan

Are Chinese Banks Hiding “The Mother of All Debt Bombs”?

Financial collapses may have different immediate triggers, but they all originate from the same cause: an explosion of credit.  This iron law of financial calamity should make us very worried about the consequences of easy credit in China in recent years.  From the beginning of 2009 to the end of June this year, Chinese banks

Are Chinese Banks Hiding “The Mother Of All Debt Bombs?”

China’s massive bank financed stimulus was intended to keep the economy moving. It may instead lead to economic disaster.

Financial collapses may have different immediate triggers, but they all originate from the same cause: an explosion of credit.  This iron law of financial calamity should make us very worried about the consequences of easy credit in China

Rockefeller Foundation Predicts 13,000 Dead at London 2012 Olympics

James Britpod June 7, 2012

A 2010 Rockefeller Foundation document entitled “Scenarios for the Future of Technology and International Development” outlines a scenario which results in the death of 13,000 during the 2012 Olympics.

The first worrying prediction begins in 2012 when ‘the pandemic the world had been anticipating for years’, finally hits, infecting nearly 20

Warning! A crash is dead ahead: History proves nations collapse suddenly, rapidly, terminal; The European Union is at the edge. “In the realm of power … you’re fine until you’re not fine—and when you’re not fine, you’re suddenly in a terrifying death spiral.” Suddenly. Rapidly. Terminal. — Ferguson

By Paul B. Farrell, MarketWatch

Image: Wikimedia

SAN LUIS OBISPO, Calif.  — “Let’s rrrummmmble!” China vs America. Imagine Caesars Palace. Fight night. New announcer. Harvard financial historian Niall Ferguson subs for Michael Buffer, iconic Vegas fight announcer, famous for his signature “Let’s get ready to rumble.” Trump signed him exclusively. Sugar Ray Leonard said, “When

Some Solutions To Consider To Restart Growth

by Jason Rines

1) Alan Greenspan in the 1990’s saw a rapid formation of savings (glut as he called it) between WWII Gen and Boomers. As people get older they prepare for retirement. America and most of the West, China face aging population imbalance.

2) The and Housing bubbles (lowered interest rates) were a

The West is stagnating and its productive economy is shrinking.

The effective purchasing power of the Western middle classes, when measured against real stores of value, is declining. Bad Debt, fake currencies and corrupt, collectivist Regimes are slowly suffocating the West.

China is increasingly reliant on a massive real estate bubble, bad debt and resource imperialism to propel growth even as it fails to innovate,

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